Universal Good Will vs Long Term Investments Analysis

UVV Stock

USD 55.68 0.79 1.44%

Universal financial indicator trend analysis is much more than just breaking down Universal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal is a good investment. Please check the relationship between Universal Good Will and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Universal Stock please use our How to Invest in Universal guide.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Good Will account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Universal's Good Will and Long Term Investments is -0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Universal, assuming nothing else is changed. The correlation between historical values of Universal's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Universal are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Universal's Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of Universal balance sheet that represents investments Universal intends to hold for over a year. Universal long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Universal Stock please use our How to Invest in Universal guide.Selling General Administrative is likely to drop to about 223.9 M in 2024. Tax Provision is likely to drop to about 31 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	408.9M	458.3M	528.1M	438.2M
Total Revenue	2.1B	2.6B	2.7B	2.1B

Gross Profit Total Revenue

Universal fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.82	0.1	0.66	0.89	0.93	0.52	0.87	0.11	0.8	-0.86	0.11	0.89	-0.73	0.84	0.92	0.61	-0.08	0.86	0.6	0.98	0.58	0.4	-0.31	0.73	0.71
Short Long Term Debt Total	0.82		0.38	0.76	0.5	0.81	0.87	0.56	-0.37	0.92	-0.5	-0.37	0.62	-0.64	0.85	0.92	0.63	-0.18	0.96	0.88	0.72	0.78	0.18	-0.37	0.68	0.62
Other Current Liab	0.1	0.38		0.39	-0.21	-0.01	0.4	-0.25	-0.37	0.22	0.15	-0.37	-0.05	0.17	0.32	0.2	0.34	-0.16	0.42	0.37	0.05	0.4	0.14	-0.66	-0.11	-0.16
Total Current Liabilities	0.66	0.76	0.39		0.34	0.48	0.63	0.29	-0.18	0.6	-0.34	-0.18	0.57	-0.28	0.41	0.7	0.46	-0.13	0.84	0.66	0.63	0.97	0.33	0.0	0.3	0.23
Total Stockholder Equity	0.89	0.5	-0.21	0.34		0.81	0.11	0.97	0.41	0.55	-0.9	0.41	0.87	-0.64	0.67	0.73	0.43	0.0	0.53	0.23	0.92	0.23	0.38	-0.19	0.68	0.69
Property Plant And Equipment Net	0.93	0.81	-0.01	0.48	0.81		0.59	0.86	-0.01	0.87	-0.86	-0.01	0.78	-0.88	0.9	0.88	0.61	-0.11	0.81	0.65	0.88	0.42	0.27	-0.32	0.82	0.81
Net Debt	0.52	0.87	0.4	0.63	0.11	0.59		0.2	-0.69	0.79	-0.17	-0.69	0.34	-0.53	0.63	0.69	0.49	-0.28	0.82	0.95	0.38	0.69	0.02	-0.26	0.46	0.4
Retained Earnings	0.87	0.56	-0.25	0.29	0.97	0.86	0.2		0.28	0.64	-0.9	0.28	0.8	-0.74	0.73	0.78	0.45	-0.1	0.54	0.31	0.88	0.21	0.21	-0.19	0.83	0.84
Cash	0.11	-0.37	-0.37	-0.18	0.41	-0.01	-0.69	0.28		-0.39	-0.44	1.0	0.28	0.01	-0.13	-0.2	-0.23	0.33	-0.23	-0.58	0.27	-0.29	0.3	0.05	-0.09	-0.04
Non Current Assets Total	0.8	0.92	0.22	0.6	0.55	0.87	0.79	0.64	-0.39		-0.53	-0.39	0.53	-0.69	0.87	0.88	0.79	-0.1	0.86	0.82	0.67	0.59	0.19	-0.28	0.74	0.71
Non Currrent Assets Other	-0.86	-0.5	0.15	-0.34	-0.9	-0.86	-0.17	-0.9	-0.44	-0.53		-0.44	-0.81	0.8	-0.71	-0.68	-0.37	0.11	-0.59	-0.27	-0.9	-0.22	-0.3	0.27	-0.72	-0.75
Cash And Short Term Investments	0.11	-0.37	-0.37	-0.18	0.41	-0.01	-0.69	0.28	1.0	-0.39	-0.44		0.28	0.01	-0.13	-0.2	-0.23	0.33	-0.23	-0.58	0.27	-0.29	0.3	0.05	-0.09	-0.04
Net Receivables	0.89	0.62	-0.05	0.57	0.87	0.78	0.34	0.8	0.28	0.53	-0.81	0.28		-0.63	0.62	0.76	0.31	-0.06	0.69	0.41	0.94	0.48	0.46	-0.2	0.56	0.53
Common Stock Shares Outstanding	-0.73	-0.64	0.17	-0.28	-0.64	-0.88	-0.53	-0.74	0.01	-0.69	0.8	0.01	-0.63		-0.74	-0.68	-0.41	0.31	-0.64	-0.58	-0.68	-0.22	-0.08	0.18	-0.86	-0.88
Non Current Liabilities Total	0.84	0.85	0.32	0.41	0.67	0.9	0.63	0.73	-0.13	0.87	-0.71	-0.13	0.62	-0.74		0.84	0.68	-0.08	0.81	0.66	0.76	0.39	0.23	-0.64	0.76	0.74
Inventory	0.92	0.92	0.2	0.7	0.73	0.88	0.69	0.78	-0.2	0.88	-0.68	-0.2	0.76	-0.68	0.84		0.56	-0.24	0.88	0.74	0.85	0.68	0.19	-0.31	0.8	0.75
Other Current Assets	0.61	0.63	0.34	0.46	0.43	0.61	0.49	0.45	-0.23	0.79	-0.37	-0.23	0.31	-0.41	0.68	0.56		0.01	0.64	0.57	0.5	0.4	0.35	-0.23	0.44	0.47
Other Stockholder Equity	-0.08	-0.18	-0.16	-0.13	0.0	-0.11	-0.28	-0.1	0.33	-0.1	0.11	0.33	-0.06	0.31	-0.08	-0.24	0.01		-0.15	-0.43	-0.07	-0.09	0.17	0.0	-0.35	-0.34
Total Liab	0.86	0.96	0.42	0.84	0.53	0.81	0.82	0.54	-0.23	0.86	-0.59	-0.23	0.69	-0.64	0.81	0.88	0.64	-0.15		0.84	0.79	0.82	0.32	-0.35	0.59	0.54
Property Plant And Equipment Gross	0.6	0.88	0.37	0.66	0.23	0.65	0.95	0.31	-0.58	0.82	-0.27	-0.58	0.41	-0.58	0.66	0.74	0.57	-0.43	0.84		0.47	0.67	0.12	-0.22	0.52	0.47
Total Current Assets	0.98	0.72	0.05	0.63	0.92	0.88	0.38	0.88	0.27	0.67	-0.9	0.27	0.94	-0.68	0.76	0.85	0.5	-0.07	0.79	0.47		0.53	0.43	-0.29	0.67	0.65
Short Term Debt	0.58	0.78	0.4	0.97	0.23	0.42	0.69	0.21	-0.29	0.59	-0.22	-0.29	0.48	-0.22	0.39	0.68	0.4	-0.09	0.82	0.67	0.53		0.21	-0.03	0.28	0.2
Intangible Assets	0.4	0.18	0.14	0.33	0.38	0.27	0.02	0.21	0.3	0.19	-0.3	0.3	0.46	-0.08	0.23	0.19	0.35	0.17	0.32	0.12	0.43	0.21		-0.03	-0.08	-0.08
Accounts Payable	-0.31	-0.37	-0.66	0.0	-0.19	-0.32	-0.26	-0.19	0.05	-0.28	0.27	0.05	-0.2	0.18	-0.64	-0.31	-0.23	0.0	-0.35	-0.22	-0.29	-0.03	-0.03		-0.19	-0.18
Common Stock Total Equity	0.73	0.68	-0.11	0.3	0.68	0.82	0.46	0.83	-0.09	0.74	-0.72	-0.09	0.56	-0.86	0.76	0.8	0.44	-0.35	0.59	0.52	0.67	0.28	-0.08	-0.19		0.99
Common Stock	0.71	0.62	-0.16	0.23	0.69	0.81	0.4	0.84	-0.04	0.71	-0.75	-0.04	0.53	-0.88	0.74	0.75	0.47	-0.34	0.54	0.47	0.65	0.2	-0.08	-0.18	0.99

Click cells to compare fundamentals

Universal Account Relationship Matchups

Universal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.3B	2.6B	2.6B	2.9B	2.2B
Short Long Term Debt Total	482.5M	647.1M	741.1M	849.3M	1.1B	715.4M
Other Current Liab	29.0M	31.0M	125.8M	128.2M	138.4M	85.7M
Total Current Liabilities	267.4M	293.2M	518.7M	442.0M	711.4M	476.4M
Total Stockholder Equity	1.2B	1.3B	1.3B	1.4B	1.4B	935.3M
Property Plant And Equipment Net	354.4M	380.7M	385.4M	391.7M	398.4M	355.7M
Net Debt	375.1M	449.9M	659.5M	784.6M	1.0B	1.1B
Retained Earnings	1.1B	1.1B	1.1B	1.1B	1.2B	755.6M
Cash	107.4M	197.2M	81.6M	64.7M	55.6M	52.8M
Non Current Assets Total	641.3M	786.6M	838.3M	836.3M	834.7M	691.4M
Non Currrent Assets Other	43.7M	64.1M	53.8M	61.3M	55.4M	89.5M
Cash And Short Term Investments	107.4M	197.2M	81.6M	64.7M	55.6M	52.8M
Net Receivables	352.2M	368.1M	390.0M	414.3M	530.6M	405.9M
Common Stock Shares Outstanding	25.1M	24.8M	24.9M	24.9M	25.0M	23.6M
Liabilities And Stockholders Equity	2.1B	2.3B	2.6B	2.6B	2.9B	2.2B
Non Current Liabilities Total	564.2M	700.3M	682.9M	760.2M	747.0M	559.7M
Inventory	806.6M	786.6M	1.0B	1.0B	1.4B	742.6M
Other Current Assets	67.5M	203.5M	259.7M	287.1M	113.1M	101.7M
Other Stockholder Equity	403K	550.2M	(84.3M)	(77.1M)	(1.0)	(0.95)
Total Liab	831.6M	993.5M	1.2B	1.2B	1.5B	1.2B
Property Plant And Equipment Gross	354.4M	380.7M	986.3M	1.0B	1.1B	1.1B
Total Current Assets	1.5B	1.6B	1.7B	1.8B	2.1B	1.5B
Accumulated Other Comprehensive Income	(151.6M)	(107.0M)	(84.3M)	(77.1M)	(81.6M)	(85.7M)
Short Term Debt	87.9M	117.1M	203.2M	218.4M	437.9M	232.2M
Intangible Assets	17.9M	72.3M	92.6M	80.1M	68.9M	76.2M
Accounts Payable	140.3M	140.8M	168.5M	89.0M	110.3M	157.0M
Common Stock Total Equity	321.5M	326.7M	330.7M	337.2M	387.8M	233.1M
Common Stock	321.5M	326.7M	330.7M	337.2M	345.6M	227.3M
Other Liab	124.7M	132.4M	162.4M	133.5M	153.6M	164.6M
Other Assets	64.7M	76.3M	65.4M	74.4M	1.0	0.95
Long Term Debt	368.8M	518.2M	518.5M	616.8M	617.4M	357.1M
Good Will	126.8M	173.1M	214.0M	213.9M	213.9M	137.1M
Property Plant Equipment	315.2M	349.5M	345.1M	351.2M	316.0M	289.4M
Current Deferred Revenue	10.2M	8.8M	13.7M	3.1M	17.2M	21.7M
Net Tangible Assets	1.1B	1.1B	1.0B	1.1B	1.3B	1.2B
Noncontrolling Interest In Consolidated Entity	42.6M	41.1M	44.2M	39.9M	45.8M	39.3M
Retained Earnings Total Equity	1.1B	1.1B	1.1B	1.1B	1.3B	1.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Universal Stock Analysis

When running Universal's price analysis, check to measure Universal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal is operating at the current time. Most of Universal's value examination focuses on studying past and present price action to predict the probability of Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal's price. Additionally, you may evaluate how the addition of Universal to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC